Most tax advisors serve their clients well.
But that doesn’t mean that you should be ignorant of the tax law and passively accept all your tax professional’s advice uncritically.
Hey. It’s your money and you need to be aware of what’s going on… especially if you’re called into an IRS audit.
That’s what Mrs. and Mr. Smith found out the hard way.
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You see, Mr. and Mrs. Smith’s accountant gave her bad advice and abandoned her when she had to show up for the audit.
What did she do? Mrs. Smith didn’t panic. She ordered the Bradford Tax Institute “Business Tax Deductions On-The-Go” course, did some boning up, and came out smelling like a rose. In fact, she got a nice cash refund!
Where did her accountant go wrong?
- For starters, he told her to skip the audit and wait for a “30-day notice to respond.” Terrible advice!
- He told Mrs. Smith to “limit deductions to income.” Again, wrong!
- The accountant advised her not to claim more than one business vehicle. Bad advice once again.
- She was told “don’t claim the home-office deduction.” This was way off the mark. In fact, with the home-office deduction, Mrs. Smith and her husband legally claimed and won the multi-car deduction.
The moral of the story…
Knowledge is power. And Mrs. Smith put her knowledge to work and won her case by confronting the IRS with its own rulings. Because she didn’t take her accountant’s bad advice as gospel, she came out a big winner.
We’re proud of what the Bradford Tax Institute
“Business Tax Deductions On-The-Go” course did for Mrs. Smith.
Can you blame us? After all, she wrote us to say “Your course made the favorable results of this audit possible. Imagine how much money I would have lost had I relied on my out-of-the-country accountant! You have taught me that tax knowledge is valuable — definitely worth the money.”
Want to hear the whole story?
Read the full article.